The intermediaries referred to in 1° and 2° of I of article R. 511-2, the credit institutions and finance companies referred to in the same article, and the employees referred to in a and c to f of 5° of the same article who perform the duties of production office managers or who are responsible for managing a production network must provide evidence of : 1° Either a work placement…
I.-Subject to the provisions of articles R. 512-9 and R. 512-12, the intermediaries referred to in 3° and 4° of I of article R. 511-2 and the employees referred to in a and c to f of 5° of the same article must provide proof of : 1° Either a professional training period of a reasonable and sufficient duration, which may not be less than 150 hours. The work placement,…
I-The purpose of the professional training course referred to in articles R. 512-9 and R. 512-10 is to enable trainees to acquire legal, technical, commercial and administrative skills prior to engaging in intermediation activities, as defined in a minimum training programme drawn up by the organisations representing the profession and approved by order of the Minister for the Economy. II – The skills acquired are tested at the end of…
I.-When the intermediaries referred to in 3° or 4° of the I of article R. 511-2 and their employees carry on the business of distribution as an ancillary activity to their main professional activity and present, offer or help to conclude only contracts relating to insurance products constituting a complement to the product or service provided as part of their professional activity and not including civil liability cover, they must…
Where the intermediary carries out distribution activities in more than one of the categories mentioned in I of article R. 511-2, he must demonstrate that he meets the highest capacity requirements laid down for these categories.
I.-The amount of time devoted to the continuing professional training or development mentioned in II of article L. 511-2 may not be less than fifteen hours per year. II -The continuing professional training or development referred to in I may involve face-to-face or distance learning, organised in one or more consecutive or non-consecutive sessions. They may be provided by a training organisation, an insurance or reinsurance undertaking, an insurance or…
I.-The professional indemnity insurance contract provided for in article L. 512-6 must cover the territory of the European Community and that of the other States party to the Agreement on the European Economic Area. It includes obligations for insurance companies which may not be less than those defined in an order issued by the Minister for the Economy. II – A contract for which cover takes effect on 1st March…
I.-The amount of the financial guarantee provided for in article L. 512-7 is set by order of the Minister for the Economy. II – The guarantee commitment, which takes effect on 1st March for a period of twelve months, is tacitly renewed on 1st January of each year. The amount of the guarantee is revised when the commitment is renewed. III – The guarantor issues a financial guarantee certificate to…
I. – The financial guarantee is implemented on the sole grounds that the guaranteed intermediary is in default, without the guarantor being able to invoke the benefit of discussion against the creditor. The guaranteed intermediary shall be deemed to have defaulted one month after the date of receipt by the guaranteed intermediary of a registered letter demanding payment of the sums due or a summons to pay, which has remained…
Cover ceases if the contract is cancelled on its expiry date. It also ceases on the death or cessation of activity of the person covered or, in the case of a legal entity, on the dissolution of that entity. Under no circumstances may the guarantee cease before the expiry of a period of three clear days following the date on which the association referred to in article R. 512-3 is…
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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